This alternative plan simply illustrates the use of a Special Expense entered in the future and the consequence that shows up as a slightly lower, but still smooth, annual discretionary spending. Unlike conventional planning software, the percentage probability of success did not change; the annual discretionary spending changed and both the base plan and this plan are "certain equivalent" plans. It should be compared to the Base Plan.
We began by creating a new Special Expense in this alternative plan. We entered a wedding for child that is not tax related in the amount of $35,000 in the year 2025 in today's dollars.
We can see the results below. The $35,000 wedding in 2025 has a present value cost of $32,052, and the reduction in annual discretionary spending, starting in the current year, is $1,052.